This is not a good thing, unless you're already a billionaire or corporate bigwig. Think NAFTA on steroids. Wasn't NAFTA (absolutely not no way) a great thing?
You may not like Jim Hightower, but you should take a few minutes and read this. It makes me pretty angry with Obama.
snip:
This thing is a supersized and nuclearized NAFTA, the
1994 trade scam rammed through Congress by Bill Clinton, Wall Street's Robert
Rubin, and the entire corporate establishment. They promised that the "glories
of globalization" would shower prosperity across our land. They lied.
Corporations got the gold. We got the shaft--thousands of factories closed,
millions of middle-class jobs went south, and the economies of hundreds of towns
and cities (including Detroit) were hollowed out. (Most Mexicans got the NAFTA
shafta, too. US grain traders like ADM dumped corn into Mexico, wiping out
millions of peasant farmers' livelihoods, and thousands of local businesses were
crushed when Walmart invaded with its Chinese-made wares.)
Twenty years later, the corporate gang that stuck us with NAFTA is back, hoping to fool us with an even more destructive multinational deal. (This calls for another immortal quote from George W: "Fool me once, shame on--shame on you. Fool me--you can't get fooled again." Well, you know what he meant).
This time we really must pay attention, because TPP is not just another trade deal. First, it is massive and open-ended. It would hitch us immediately to 11 Pacific Rim nations (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam), and its door would remain wide open to lure China, Indonesia, Russia, and other nations to come in. Second, note that many of those countries already have trade agreements with the US. Hence, THIS AMAZING FACT: TPP is a "trade deal" that mostly does not deal with trade. In fact, of the 29 chapters in this document, only five cover traditional trade matters!
The other two dozen chapters amount to a devilish "partnership" for corporate protectionism. They create sweeping new "rights" and escape hatches to protect multinational corporations from accountability to our governments ... and to us. Here are a few of TPP's provisos that would make our daily lives riskier, poorer, and less free:
Twenty years later, the corporate gang that stuck us with NAFTA is back, hoping to fool us with an even more destructive multinational deal. (This calls for another immortal quote from George W: "Fool me once, shame on--shame on you. Fool me--you can't get fooled again." Well, you know what he meant).
This time we really must pay attention, because TPP is not just another trade deal. First, it is massive and open-ended. It would hitch us immediately to 11 Pacific Rim nations (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam), and its door would remain wide open to lure China, Indonesia, Russia, and other nations to come in. Second, note that many of those countries already have trade agreements with the US. Hence, THIS AMAZING FACT: TPP is a "trade deal" that mostly does not deal with trade. In fact, of the 29 chapters in this document, only five cover traditional trade matters!
The other two dozen chapters amount to a devilish "partnership" for corporate protectionism. They create sweeping new "rights" and escape hatches to protect multinational corporations from accountability to our governments ... and to us. Here are a few of TPP's provisos that would make our daily lives riskier, poorer, and less free:
Original. Really. Read it. TPP is a real stinking turd for 99.9% of the planet, and it must be stopped.
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